Current price: 2391
Key point: 2363
Our preferred direction: Buy positions above 2363 levels with 2400 as a first target and then 2430 as a second target.
Alternative scenario: Stop loss and change the trend by breaking the 2363 level, targeting the 2330 levels.
Technical commentary
Gold rose from the upward trend line from the bottom of last April and the highest levels of 2363, so it is expected to continue rising to the levels of 2400 and then the levels of 2430.
However, in the event of a breakout and stability below the 2363 levels, gold will head towards the levels of
